"Mortgage Bonds are sharply higher this morning, while Stocks - TopicsExpress

"Mortgage Bonds are sharply higher this morning, while Stocks continue to the rally that began yesterday. Mortgage applications fell for the week ending June 21, as rates continue to rise. The final reading on first quarter gross domestic product came in lighter than expected. With Mortgage Bonds showing signs of strength, I am recommending floating, but always keeping a close eye on the market for any sudden moves. If anything changes, I will let you know." MMG I will keep you posted! - Scott Munds

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